Topic: Who says you can't be a millionaire in sports betting? - page 17. (Read 2315 times)

The mistaken belief that past losses somehow make future wins more likely is called the gambler's fallacy. Your comment about friends trying to win big is a classic example of this fallacy. No, this is not a plan; its a cognitive bias. When betting on sports, its important to understand chances and probabilities. But keep in mind that these are meant to help the house, not the player.

However, calling people who dont see this trend "pretty stupid" is too simple and rude. Not only does it depend on how smart someone is; gambling can be addicting and take advantage of psychic weak spots. The real question isnt just about luck or plan; its about how people act and what risks they take. Can you really bet "moderately" in a place that's meant to encourage you to keep playing? That is the fake problem that you should think about.

Why not? In fact, there are thousands of people who are doing this and taking risks to win a jackpot, but you have to be lucky and focus on the game you're betting to get that jackpot, and we all know there are gamblers who win huge whether, in sports betting or luck based games, this is not something new to us, that is why so many people are betting to make money.
The attraction to win a jackpot is always there, especially in sports betting, but you have to be extremely lucky to win a huge amount for a small bet and I doubt even a skillful bettor can do that over and over.
You can be a millionaire in sports betting but you can also lose a lot.

You probably don’t know how to manage your bankroll for saying this kind of comment. Show me a screenshot that you place a bet with this amount on a x1000 odds multiple times maybe a 100 times then reply to me like this.

I usually have a bankroll above 1000$ but I never place a bet like this on an odds that is too good to be true since it’s just burning of money real quick. It’s very hard to hit a jackpot like that on few try so your assumption is low chance to happened compared to mine realistically speaking if we will talk about stats and probability.

We can become millionaires in sports betting. The problem is that we need to have many things, including skills and analyzing matches and having accurate information about each match. Only a few people can get the chance to become a millionaire from sports betting, while others don't have that chance. After all, we never know when we can win a lot of money from sports betting, and this is what makes many people still bet on sports betting, especially those who have sources of information that they can use for additional analysis.

People say “you can’t win in the long run”. There is a big difference in saying “you can’t win” and “you can’t win in the long run.” Also you show this betslip like everyone can do it which is not true obviously.

Is it possible to get rich from gambling? Sure it is, if you are lucky like this guy.
Is gambling a job which can create you a reliable income? No it is not.

Lucky people win the lottery too. Does that mean everyone can get rich if they buy a few lottery tickets?

What if, this is his 1002th bet?

He's not earn money as he lose 1K PHP isn't? we don't know behind of his account, actually I feel skeptic when someone is willing to show his huge win to social media. Since I believe a gambler is at least 18 years old where he already can use his brain to think, I don't think someone is feel safe when let everyone know about money.

I woudn't bother knowing as that will only spoil the fun.

You know, us gamblers does not usually talk about our losses, we love to talk our big wins and just like this winner here according to OP he was bragging about his big win, so let's give that moment to the winner as only few can win with that x1000 odds and only few are also courageous enough to risk $18 for a bet that winning chances is very slim.

I'd say that betting $18 in parlay bet with 1000x is a high roller because I believe it is not his only parlay bet.
This player must have placed many other bets and I dont think small players will do $18 bet with such a huge odds.
Back to the main topic about becoming millionaire from sports betting, yes it is possible but someone needs a huge luck, good bankroll to start as well as good knowledge about the sports.
In this $18k win, it is a nice win absolutely but we never know how much this player has spent before hitting the 1000x
There is also a possibility that the $18k is not even enough to cover his lost or it give small profit only because he may make so many bets.

For how long would a gambler keep trying? I am sure there are other gamblers who had been trying their luck risking their hard earned money yet they couldn't win a massive win, this win only happens once for a while the winner of $18K should count himself very luck because such a win is very rare, in my locality here I met many gamblers who adopted the same betting method of using bet builder unfortunately yet to win big though they usually risk mall money to bet by a massive accumulation of more than 800.0 odds personally I think their chances of winning is very slim with such a big odds with reference to soccer betting having parleyed plenty matches.

An $18 bet a high roller to you? To me it's not yet, he/she is probably just a typical gambler who have a good feeling on that day and bet his $18 on x1000 odds. Maybe he's not doing that on a daily basis, you know, sometimes when we are consistently gambling, we have the feeling to try to take a higher risk and bet on crazy odds, that's probably the scenario and his luck also came just at the right time, so voila, JACKPOT!

In the event that you've got a lot of time on your hands, you're going to want to make sure that you've got a good idea of what you're getting yourself into. Well that's always the question, honestly for me personally when I want to overdo it in gambling I always think about that, which is where will the amount of my winnings later be able to cover my losses or even just break even? I'm really not sure about that because I see some of my friends who can be said to be addicts where they continue to chase victory even by putting a large enough amount, they put high confidence and hope that the winnings will be much bigger but what happens when they get the victory and calculate from the record of the number of wins and losses it turns out that the number of wins is still much lower than the losses they have sacrificed.

I have an idea and reason for this problem, which is because the final result of gambling always depends on luck, while anyone never knows when they will be lucky, usually people who manage to get a big win then the number of losses is also much bigger, I have proven from some of my friends and it seems that the Philippines is also the same case like this. The fact is that big wins will make your hopes even greater and you will be greedy more often. So it's better to gamble moderately in any based gambling, because the final result is always unpredictable, with that I think you will not suffer too big a loss. If you understand that it's all about luck but you imitate that person hoping to have the same luck or get a big win too then maybe I say you're pretty stupid.

I don't find any problem if it will encourage them to bet on high odds like this. As long as they understand the risk of gambling and stay discipline, they'll be fine for sure. This betslip shared by OP was just a proof that anyone can win this big money in gambling if you have the courage to take a bigger risk, as they say, big risk = big reward, and this is it.

This kind of small bet with insane multiplier is kinda popular now for Filipino better. I saw many friend of mine on social media doing this kind of crazy bet but with just lesser bet like 1$ a slip.

Probably this guys is a high roller for placing that kind of money to an insane x1000 odds because that’s almost a sure loss if luck hits hard on his bet that time. This post might encourage many Filipino bettor to pursue more risky bet since everyone in there is very crazy when it comes to copying someone insane win. 

Good question, as far as experience goes or to the gamblers that I've known, they have lost so much money before winning big. And some of them says that even if that one big win, still though, if they are going to compute, they will be in the negative and that's the reality of gamblers. So good for the person that he won that big, as as Filipino that is a big amount in country. But not sustainable though, maybe in the next couple of months, he will lose that money again if he is not that careful. Or those free loaders, friends and families that want some of those money to, what we call "balato". And maybe some of us will try to replicate it too, by going on a parlay, but the odds will go against you and only those who have the lucky hand can win that big.

One thing you should ask is that is everyone's fate the same? What works for you might not be suitable to work for another and what works for that person too can not be suitable for you as well. So it is to every other person.

It is fine that people win big while gambling that is their fate. The way they play coupled with their luck while playing works for them and not everybody that seems to have it that way but one  thing I know for sure is that they must have been on the gambling stuff for quite a long time before winning and that invariably means that they must have recorded loses as well. So the only difference is that the just played at a single stance and won big than playing and winning small but out the amount they had lost altogether might be bigger or half of what they had won. That is just the difference when a gambler tells that they had won big , you should know that there was a period he was making loses as well which if put together could be a good fortune for them.

It is definitely possible to become rich through sports betting but it takes a lot of courage. Risking huge money over a football match is always sort of no for me. I could bet something like 10-20-50 dollars anytime but risking 20000 dollars is just too much. I think many people who where born in labor families wouldn't be able to risk such money even for a single time in their life.

I think definitely will! Especially if I am in the mood and I feel so sure that I would win and that $18 dollar is a extra money for me. Like I wouldnt regret spending it in gambling than other important things later on. But we should remember that the decision to risk money depends on personal risk tolerance, financial situation and the likelihood of winning. It's essential to weigh potential gains against potential losses and make informed choices. Its not everyday that we shpuld always to bet without thinking of the consequences. We should know our priorities.

But what OP have shared (betslip), that's a combination of luck and skills. Of course, it starts with believing yourself as a better and that you are confident you have the skills to win in gambling. I'm sure that was carefully analyze as no one would bet $18 for x1000 odds unless he's very confident with his bet or he has a lot of money to spare.



I hope he knows how to enjoy his winning. Maybe cash out the 90% and enjoy that money. That 10% will be left for gambling, even if he'll lose that 10%, at least he has already enjoyed that 90% and he's already ahead.

And even after sacrificing a lot of money majority will still not when it is just destiny for some people that they will make it out of gambling because I know a lot of people who have gambled seriously and are still not yet millionaires and they have fewer wins than their losses so gambling you need to be smart, once you notice it is not your calling just leave it alone because gambling is a serious business and if you can not handle the emotional part of it, people that gamble a lot always have the mindset of thinking that gambling is easy and they see it has a breakthrough instead of just having fun with it. I think a lot of them need to sit down and do a rough estimate of how much they have spent on gambling and that is what I said earlier if it is not your calling is better to let the spoon go and pick another thing to eat with but no they just want that money. And why so many of them lose is because lose money because of their lack of strategy all they want to do is just select games without considering anything and that is why they always have plenty of losses. they always consider the amountnt to be very small so they are not bothered.

Same thing I've said always, it's not impossible to hit chances like this, just that it's incredibly difficult to do so. It'd probably be at the top 1% of bets really or something before you can hit and try to set it as an active goal? That's just a road to endlessly spending money imo. Just the odds to hit said wins should be mind-numbingly low, imagine the number of tries he had to do before hitting plus the amount of research he has to do with the matches as well.

You don't exactly see how people lose their money, or how much it amounts to in total no? Because that's normal. That's the everyday life of a gambler. Now wins like this? Those are rare, hence why you see people sharing it.